Viasat Welcomes The Baupost Group as Board Observer
"As a decade-long investor in
"Baupost has a successful long-term philosophy of value investing," said
Viasat is a global communications company that believes everyone and everything in the world can be connected. For more than 30 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are—on the ground, in the air or at sea. To learn more about Viasat, visit: www.viasat.com, go to
This press release contains forward-looking statements that are entitled to the protection of the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include statements about Viasat's ability to capitalize on the strategic insight, and financial and investment expertise of Baupost. Readers are cautioned that actual results could differ materially and adversely from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: the ability to realize the anticipated benefits of Baupost's participation as an observer; interests that may be different from, or in addition to, those of
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Chris Phillips, Corporate Communications & PR, +1 760-476-2322, firstname.lastname@example.org, OR June Harrison, Investor Relations, +1-760-476-2633, IR@viasat.com